Sector Update: Healthcare

MT newswire2026/10/21 16:58

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

12:58 PM EDT, 10/21/2026 (MT Newswires) -- Healthcare stocks declined Wednesday afternoon, with the NYSE Healthcare Index down 0.7% and the State Street Health Care Select Sector SPDR ETF (XLV) falling 1%. The iShares Biotechnology ETF (IBB) rose 0.6%. In corporate news, Abbott Laboratories (ABT) said Wednesday it plans to separate its Nutrition business into an independent, publicly traded company with about $8.5 billion in annual sales. Separately, Abbott reported Q3 adjusted EPS Wednesday of $1.42, up from $1.30 a year earlier and matching the FactSet consensus. Abbott shares were down 3.9%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.

华尔街见闻•2026/10/24 11:11